Sensex cracks below 25,000-mark as weak global cues negate RBI rate cut

Banks led the decline with Nifty Bank and BSE Bank index dropping over 3% each. Markets ended sharply lower on Tuesday as weak global cues took precedence over Reserve Bank of India’s rate......

Don't fear visa curbs, hire locals, says Narayana Murthy

Amid concerns over the visa curbs set out in the US Immigration Reform Bill, Infosys Chairman N R Narayana Murthy said Indian IT firms need to hire more locals for their onsite operations and that......

Concerns haven't receded for Crompton Greaves

With Crompton Greaves throwing up negative surprises quarter after quarter, the Street is perturbed leading to low investor confidence.This time around, in the December 2012 quarter, its......

India's 'boring' banking system remains robust: Parekh

At a time when bankers across the world are being termed as 'London Whale', hedge-fund sharks and various other deadly creatures, Indian financial system remains intact despite its "boring banking"......